Tech Head (Satinder) 650 Pearson Boulevard Brisbane, QLD, 4000

Tech Head (Satinder)
650 Pearson Boulevard
Brisbane, QLD, 4000
Australia
Trial Balance
January 2019
20-07-2019
15:04:22
Page 1
Account Debit Credit YTD Debit YTD Credit
Cheque Account ?6,394.00 ?80,666.00
Undeposited Funds ?0.00 ?0.00
Electronic Clearing Account ?0.00 ?0.00
Accounts Receivable ?44,174.00 ?81,563.00
Less Prov'n for Doubtful Debts ?1,547.00 ?2,295.00
Inventory ?8,830.00 ?80,770.00
Office Supplies ?952.00 ?1,428.00
Prepaid Rent ?5,833.00 ?5,833.00
Property & Equipment at Cost ?3,000.00 ?41,000.00
Property & Equipment Accum ?229.00 ?12,604.00
Accounts Payable ?12,048.00 ?45,928.00
GST Collected ?7,290.00 ?13,554.00
GST Paid ?5,371.00 ?9,851.00
Salaries Payable ?0.00 ?0.00
PAYG Withholding Payable ?1,035.00 ?2,955.00
Interest Payable ?50.00 ?50.00
Short Term Loans ?10,000.00 ?10,000.00
Bank Loans ?0.00 ?42,000.00
Share Capital ?0.00 ?45,000.00
Retained Earnings ?0.00 ?115,381.00
Historical Balancing ?0.00 ?0.00
Sales Revenue ?72,900.00 ?198,186.00
Cost of Sales ?46,940.00 ?134,640.00
Depreciation Expense ?229.00 ?12,604.00
Office Supplies Expense ?748.00 ?2,783.00
Salaries Expense ?6,900.00 ?22,264.00
Rent Expense ?1,167.00 ?1,167.00
Telephone Expense ?2,000.00 ?5,278.00
Electricity Expense ?1,900.00 ?5,678.00
Bank Charges ?13.00 ?45.00
Bad Debt Expense ?1,547.00 ?2,414.00
Interest Income ?711.00 ?711.00
Interest Expense ?260.00 ?680.00
Total: ?121,034.00 ?121,034.00 ?488,664.00 ?488,664.00